What does Financial Reinsurance mean? Read on to discover the definition & meaning of the term Financial Reinsurance - to help you better understand the language used in insurance policies.
A reinsurance contract where investment income is usually included in the pricing and where there is an aggregate limit on the risk transferred. Often the contract is for 3 or 5 years and the price is the expected present value of future losses at an aggregate limit, though these contracts are being written with additional risk elements.
We hope the you have a better understanding of the meaning of Financial Reinsurance.